AMN Healthcare Services Inc (NYSE:AMN) Holdings Boosted by Tributary Capital Management LLC

Tributary Capital Management LLC lifted its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 49.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 490,524 shares of the company's stock after purchasing an additional 162,439 shares during the quarter. Tributary Capital Management LLC owned about 1.28% of AMN Healthcare Services worth $11,998,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of AMN Healthcare Services by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock worth $106,082,000 after purchasing an additional 108,284 shares during the last quarter. Newtyn Management LLC acquired a new stake in shares of AMN Healthcare Services during the fourth quarter worth $28,417,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of AMN Healthcare Services by 32.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock worth $21,222,000 after purchasing an additional 217,643 shares during the last quarter. Reinhart Partners LLC. boosted its holdings in shares of AMN Healthcare Services by 44.4% during the first quarter. Reinhart Partners LLC. now owns 744,943 shares of the company's stock worth $18,221,000 after purchasing an additional 229,002 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of AMN Healthcare Services by 30.0% during the fourth quarter. Northern Trust Corp now owns 641,106 shares of the company's stock worth $15,335,000 after purchasing an additional 148,116 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AMN. UBS Group cut their target price on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Wall Street Zen raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Truist Financial cut their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $32.08.

AMN Healthcare Services Stock Down 2.5%

Shares of NYSE AMN traded down $0.51 during midday trading on Friday, reaching $19.83. 1,263,181 shares of the company's stock were exchanged, compared to its average volume of 899,599. AMN Healthcare Services Inc has a 52-week low of $17.45 and a 52-week high of $70.07. The stock has a market capitalization of $759.09 million, a PE ratio of -4.58 and a beta of 0.18. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.08 and a current ratio of 1.08. The business's fifty day moving average price is $21.42 and its two-hundred day moving average price is $22.93.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 13.39% and a negative net margin of 5.80%. The business had revenue of $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. During the same period last year, the firm earned $0.97 earnings per share. The company's revenue for the quarter was down 16.0% compared to the same quarter last year. Analysts forecast that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.